“Bespoke solutions will power the fintech space” – The New Indian Express

“Bespoke solutions will power the fintech space” – The New Indian Express

Of Express News Service

BENGALURU: As the country moves towards a $5 trillion economy, there will be many more customized solutions for customers in the fintech space, say fintech entrepreneurs. Speaking on the world of fintech and digital payments at the Bengaluru Tech Summit (BTS), Nithin Kamath of Zerodha, Nitin Gupta of Uni-kort and Harshil Mathur of Razorpay said that the future of fintech looks very promising and many more products can be developed for companies .

In the last 10 years, fintech has played an important role in driving the digital ecosystem. The next step of fintech is to deliver tailored and tailored solutions, said Harshil Mathur, Co-Founder and CEO, Razorpay.

In the case of payment, the next step is to come up with payment solutions for tier 1 or tier 2 users. According to Mathur, the next step will be to offer solutions that users or consumers need. Nithin Kamath, founder and CEO of Zerodha, said he lived life as a customer for 10-12 years before starting his own company.

“The plan was to become a better broker. Things evolved and we were in the right place at the right time,” Kamath said. Kamath added that the younger generation trusts faster but not as loyal. “We know that the older population (40+ ) won’t move away,” Kamath said, stressing the need to improve one’s offerings and products to build trust among users.

Speaking about regulations in the fintech space, they said regulators have done a good job and are trying to protect consumers. Mathur also spoke about the scope of payment operations in the business area.
“Businesses are really waiting for the change. They are actively looking for digitization and in the next 5-10 years, every aspect of the business ecosystem will be digitized,” said Mathur.

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Payment solutions
The next step in fintech is to deliver tailored and tailored solutions, said Harshil Mathur, Co-Founder and CEO, Razorpay. When it comes to payments, the next step is to come up with payment solutions for tier 1/tier 2 users. He says the next step will be to offer solutions that users need

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